Formosa Plastics Stock

Formosa Plastics Market capitalization 2024

Formosa Plastics Market capitalization

281.38 B TWD

Ticker

1301.TW

ISIN

TW0001301000

WKN

891310

In 2024, Formosa Plastics's market cap stood at 281.38 B TWD, a -46.02% increase from the 521.25 B TWD market cap in the previous year.

The Formosa Plastics Market capitalization history

YEARMarket Capitalization (undefined TWD)
2023546.18
2022614.87
2021653.06
2020540.19
2019649.16
2018673
2017585.48
2016510.69
2015470.33
2014476.7
2013468.54
2012498.03
2011587.67
2010455.8
2009348.57
2008407.96
2007433.8
2006276.82
2005279.14
2004255.01

Formosa Plastics Aktienanalyse

What does Formosa Plastics do?

Formosa Plastics Corp is a Taiwanese chemical company that was founded in 1954 by Wang Yung-ching. It is one of the largest companies in its industry and produces a variety of petrochemical products. The company's history began in the 1950s when Taiwan experienced rapid economic growth. Wang Yung-ching recognized the potential of the growing market for petrochemical products and founded Formosa Plastics Corp. In its early years, the company mainly produced PVC products and then quickly expanded into other areas such as chemicals and electronics. Today, the company operates in many areas of the petrochemical industry, including the production of plastics, PET, rubber products, chemicals, and electronic components. Formosa Plastics Corp's business model is based on the production and sale of petrochemical products and high-quality electronic components. The company is headquartered in Taiwan and operates plants in China, the United States, and other regions worldwide. Products manufactured by Formosa Plastics Corp include PVC products, polypropylene, polyethylene, polystyrene, polyester, synthetic rubber products, and electronic components. The company is also involved in power generation and operates several power plants in Taiwan. Formosa Plastics Corp is divided into various business sectors, including plastics, fibers, petrochemicals, electronics, and energy. Each of these business sectors produces a variety of products suitable for various industrial and daily life applications. In the plastics sector, the company produces PVC products and a variety of other plastics that can be used for the production of household goods, toys, electronics, and many other applications. The fibers sector produces synthetic fibers for clothing, curtains, and other applications. The petrochemical sector produces various chemicals such as propylene oxide, ethylene glycol, and various types of chlorine products. Electronic components such as semiconductors, ICs, and circuits are manufactured in the electronics business sector. Additionally, the company produces electricity in its power plants and also operates a natural gas business. In recent years, Formosa Plastics Corp has overcome many challenges, including environmental issues and corruption scandals. However, the company has successfully taken measures to reduce its environmental impacts and improve its business practices. Formosa Plastics Corp also advocates for social responsibility and has launched various initiatives to promote educational programs and nonprofit projects. The company is also committed to promoting its employees and ensuring that they work in a safe and healthy work environment. Overall, Formosa Plastics Corp has a long and successful history in the petrochemical industry. With a wide range of products and a strong presence in many markets worldwide, the company remains well-positioned to continue its success in the future. Formosa Plastics ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Formosa Plastics's Market Capitalization

Formosa Plastics's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Formosa Plastics's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Formosa Plastics's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Formosa Plastics’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Formosa Plastics stock

What is the current Formosa Plastics market capitalization?

The current market capitalization of Formosa Plastics is 281.38 B TWD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Formosa Plastics.

How has the market capitalization of Formosa Plastics developed in recent years?

The market capitalization of Formosa Plastics has increased/decreased by -46.02% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Formosa Plastics?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Formosa Plastics?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Formosa Plastics have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Formosa Plastics pay?

Over the past 12 months, Formosa Plastics paid a dividend of 4.2 TWD . This corresponds to a dividend yield of about 9.5 %. For the coming 12 months, Formosa Plastics is expected to pay a dividend of 4.15 TWD.

What is the dividend yield of Formosa Plastics?

The current dividend yield of Formosa Plastics is 9.5 %.

When does Formosa Plastics pay dividends?

Formosa Plastics pays a quarterly dividend. This is distributed in the months of August, August, July, August.

How secure is the dividend of Formosa Plastics?

Formosa Plastics paid dividends every year for the past 23 years.

What is the dividend of Formosa Plastics?

For the upcoming 12 months, dividends amounting to 4.15 TWD are expected. This corresponds to a dividend yield of 9.39 %.

In which sector is Formosa Plastics located?

Formosa Plastics is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Formosa Plastics kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Formosa Plastics from 8/21/2024 amounting to 1 TWD, you needed to have the stock in your portfolio before the ex-date on 7/23/2024.

When did Formosa Plastics pay the last dividend?

The last dividend was paid out on 8/21/2024.

What was the dividend of Formosa Plastics in the year 2023?

In the year 2023, Formosa Plastics distributed 8.2 TWD as dividends.

In which currency does Formosa Plastics pay out the dividend?

The dividends of Formosa Plastics are distributed in TWD.

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Andere Kennzahlen von Formosa Plastics

Our stock analysis for Formosa Plastics Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Formosa Plastics Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.